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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 1PEHouse Prices / South East, Isle of Wight, Spring Hill
Last updated May 2026
Key Postcode Insights
PO38 1PE is a residential postcode situated on Spring Hill, Ventnor, PO38 with 7 addresses.
It ranks as the 231st largest and 326th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 1 house and 6 flats.
7
Properties
- Houses
- Flats
Key Postcode Insights
PO38 1PE is a residential postcode situated on Spring Hill, Ventnor, PO38 with 7 addresses.
It ranks as the 231st largest and 326th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 1 house and 6 flats.
7
Properties
- Houses
- Flats
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House Pricesin PO38 1PE
Sale prices range from £134,582 for 2 bedroom leasehold flats with a garden (753 ft2) to £322,913 for 4 bedroom leasehold flats (1,711 ft2) .
Monthly rental prices range from £886 pcm for 2 bed flats to £1,617 pcm for 4 bed flats.
The gross rental yield is between 6.0% and 7.9%.
The average value per square foot is £189.
Average Sale Value
£270,424
Average Rental Value
£1,431 pcm
Average Rental Yield
6.4% /year
Average Value Per Sqft
£189 /ft2
Sales Market Trendsin PO38 1PE
The last sale in PO38 1PE sold for £159,950 on 21st December 2015. Since then prices are up an average of 27.0%.
The current average value in the postcode is £270,424.
The PO38 1PE Sales Market has increased by 26.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.4% | £270,424 |
| April 2025 | 2.1% | £285,787 |
| April 2024 | -8.7% | £279,992 |
| April 2023 | 5.9% | £306,618 |
| April 2022 | 6% | £289,577 |
| April 2021 | 8.3% | £273,278 |
| April 2020 | 7.5% | £252,311 |
| April 2019 | 6.9% | £234,805 |
| April 2018 | 1.7% | £219,598 |
| April 2017 | 1% | £215,917 |
| April 2016 | 4.8% | £213,836 |
| April 2015 | 2.6% | £204,070 |
| April 2014 | 5.3% | £198,895 |
| April 2013 | -6.4% | £188,876 |
| April 2012 | -2.4% | £201,755 |
| April 2011 | -1.5% | £206,742 |
| April 2010 | 5.9% | £209,989 |
| April 2009 | -9.7% | £198,335 |
| April 2008 | 0.1% | £219,563 |
| April 2007 | 0% | £219,327 |
Rental Market Trendsin PO38 1PE
The current average rental value in the postcode is £1,431.
The PO38 1PE Rental Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £1,431pcm |
| April 2025 | 3.6% | £1,368pcm |
| April 2024 | 8.1% | £1,321pcm |
| April 2023 | 7.1% | £1,222pcm |
| April 2022 | 9.4% | £1,141pcm |
| April 2021 | 3.2% | £1,043pcm |
| April 2020 | 2% | £1,010pcm |
| April 2019 | 2.2% | £990pcm |
| April 2018 | -1.1% | £969pcm |
| April 2017 | -1.6% | £980pcm |
| April 2016 | 6.1% | £996pcm |
| April 2015 | 3.5% | £939pcm |
| April 2014 | 5.4% | £907pcm |
| April 2013 | 1.8% | £860pcm |
| April 2012 | -1.7% | £845pcm |
| April 2011 | 5.2% | £860pcm |
| April 2010 | 4% | £817pcm |
| April 2009 | -2.1% | £785pcm |
| April 2008 | 2.5% | £802pcm |
| April 2007 | 0% | £782pcm |
Properties and Buildingsin PO38 1PE, Spring Hill, Ventnor, PO38
Sales Historyin PO38 1PE
The last sale was on 21st December 2015 for £159,950 and since then the market in the area has increased by 27.0%. The postcode has had a total of 2 sales since 1995.
PO38 1PE has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto PO38 1PE
PO38 1PE is the 231st largest and the 326th most expensive postcode out of the 577 postcodes in the PO38 area.
- 22 mPO38 1TJ, Spring Hill, Ventnor, PO38PO38 1TJ1 Addresses
- 36 mPO38 1LT, High Street, Ventnor, PO38PO38 1LT14 Addresses
- 49 mPO38 1TH, Grove Road, Ventnor, PO38PO38 1TH38 Addresses
- 63 mPO38 1RZ, High Street, Ventnor, PO38PO38 1RZ43 Addresses
- 78 mPO38 1HY, Pound Lane, Ventnor, PO38PO38 1HY11 Addresses
- 83 mPO38 1HE, Market Street, Ventnor, PO38PO38 1HE5 Addresses
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Property Typesin PO38 1PE
- 1 period house built between 1800 and 1911
- 6 other addresses of unknown type
- period house (1)
- Unknown (6)
Energy Efficiencyof properties in PO38 1PE
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (5)
Schools Nearbyto PO38 1PE
The nearest primary school to PO38 1PE is St Francis Catholic and Church of England Primary Academy which is 1.2 kilometres away.
- 1.2kmSt Francis Catholic and Church of England Primary Academy
- 2.6kmWroxall Primary School
- 4.1kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 1.1 kilometres away.
- 1.1kmThe Island Free School
- 13.3kmChrist The King College
- 13.7kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 1PE
The closest station to PO38 1PE is Shanklin station which is 4.6 kilometres away.
- 4.6kmShanklin
- 6.2kmLake
- 7.4kmSandown
- 10.3kmBrading
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